USDZMW WISHFUL SHORTHighly wiahful short on USDZMW .I just drew what I can see on the charts ..... Draw what you can see
USDZMW LONGIn this post, I share my update on USDZMW from the last forecast provided in the chart attached below.
Wave IV seems to have completed its correction at .382 of the third impulse, with a clear ABC correction that has been marked on chart, and we may now be heading to wave V.
However, lower degree
USDZMW (Where do we go from here?)So I have been privately analyzing USDZMW since 2015 and this idea of the USDZMW was created in 2021 after the elections(SEE BLUE HIGHLIGHTED PERIOD from 09 Nov 20 to 16 Aug 2021). Make of it what you will but the 29.71 price range if achieved could spell uncertainty. We have been in an up trend for
USDZMW ANALYSISThe k21.41 remains a key price level. For the current count to still be valid the prices bust not retrace below the k21.41 level in wave for. If this count holds, the market will rally to k30.68 to complete an extended wave five that has been running for over 25 years. Please see my previous analysi
UPDATE USD vs ZAMBIAN KWACHABased on the recent fluctuations in the exchange rate between the US dollar (USD) and the Zambian kwacha (ZMW), it's evident that there has been volatility in the currency pair. The exchange rate dropped from 1 USD to 27.18 ZMW to 1 USD to 26.90 ZMW, indicating some instability. However, more recent
USDZMW EXPECTED CORRECTION COUlD THIS BE THE LAST STOP FOR USDZMW ?
definitively determine whether the recent weakening of the Zambian kwacha against the US dollar represents the final stop or if further depreciation is possible. Exchange rates can be influenced by a wide range of factors, including economic indicators, geop
USDZMWCurrently Zambian kwacha is still in a depreciating trend due to lower copper prices and production and unfinished debt restructuring. Zambia has selected investors of its copper mines to help reach target of 3M tones copper production. Currently Zambia has not yet agreed with bond holders on debt d
USDZMW ANALYSISThe bullish scenario has taken precedence. The market is currently unfolding in minute wave 3. The current analysis is forecasting completion of intermediate wave 5 @ ZWM 30.68 that has been extended from june 2008 (15 years). Refer to my early analysis published on 3rd February 2023 below.
USDZMW We are still seeing bullish momentum in the markets as kwacha is still loosing value againt the dollar, fundamentally/ economically the kwacha isn't performing well due to lack of proper economic activities in Zambia we will continue to see kwacha depreciate as there is a debt criss in the country a
USDZMW/Technical AnalysisWe might see a strong buy side liquidity on USD/ZMW, W formation formed on Monthly Time Frame after price hit our MTG at k15 which is likely to head back to k22.50 Zone, it has also broken another liquidity zone (OB) at k19.28 meaning that we still have a strong bullish run, Price might be heading b
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Displays a symbol's price movements over previous years to identify recurring trends.